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IndusInd Bank promoters to acquire 60% of Invesco's India arm

Finance

09 April, 2024

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Promoters of private lender IndusInd Bank will buy a 60% stake in the Indian arm of global asset manager Invesco, ......

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Grapevine: Warburg leads race for Shriram unit; Hindujas, Dixon weigh M&As

General

03 April, 2024

Grapevine: Warburg leads race for Shriram unit; Hindujas, Dixon weigh M&As

Private equity firm Warburg Pincus is emerging as the top contender to acquire Shriram Housing Finance Ltd (SHFL), a unit ......

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Grapevine: BPEA EQT plans tech bet; Hinduja taps private credit funds for RCap deal

General

10 October, 2023

Grapevine: BPEA EQT plans tech bet; Hinduja taps private credit funds for RCap deal

Private equity firm BPEA EQT is in discussions to invest in an Indian digital engineering services company, a media report said.  BPEA EQT ......

Hinduja family faces further litigation, truce uncertain, lawyer tells London court

General

25 April, 2023

Hinduja family faces further litigation, truce uncertain, lawyer tells London court

India's billionaire Hinduja family's apparent truce over the future of its global business empire is at risk, a lawyer representing ......

Reliance Capital's lenders to move ahead with second auction after SC nod

Finance

28 March, 2023

Reliance Capital's lenders to move ahead with second auction after SC nod

The lenders of Reliance Capital have decided to go ahead with the second round of auction on 4 April, in ......

Hinduja Global to divest healthcare services biz to Baring PE Asia for $1.2 bn

TMT

10 August, 2021

Hinduja Global to divest healthcare services biz to Baring PE Asia for $1.2 bn

Hinduja Global Solutions Ltd (HGS), the business process management arm of the multibillion-dollar Hinduja Group conglomerate, said it has entered ......

Ashok Leyland buying out partner; Hinduja Global in talks with PEs for unit sale

TMT

25 February, 2021

Ashok Leyland buying out partner; Hinduja Global in talks with PEs for unit sale

Two Hinduja Group companies have made moves in the information technology sector, with one buying out its partner from a ......

Grapevine: Ashok Leyland to trim stake in EV unit; MTAR, KIMS Hospitals plan IPOs

General

15 December, 2020

Grapevine: Ashok Leyland to trim stake in EV unit; MTAR, KIMS Hospitals plan IPOs

Hinduja Group-owned commercial vehicle maker Ashok Leyland Ltd is planning to sell a minority stake in its UK electric vehicles ......

Grapevine: Skanray mulls IPO; Hinduja Global Solutions to hive off healthcare unit

General

10 December, 2020

Grapevine: Skanray mulls IPO; Hinduja Global Solutions to hive off healthcare unit

Mysuru-based medical equipment maker Skanray Technologies Pvt. Ltd is looking to raise up to Rs 600 crore ($81 million) through ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......